 Thank you all for coming. And we are happy to have a guest from Cambridge University, Richard Berg Rust, and from Hughes Hall. And it's part of our lecture series called Think Exponential. So I would like to expand a little bit on this notion of exponential. And I would like it to be the context for what we're going to hear later. And I would like to explain this through six words. So Think Exponential means, sorry if the formatting changed from Mac to PC. So I figured you would still read it digitization. So digitization means that nowadays we have all kinds of information that are taking this shape of digitization, where before, if we go back, it had the invention of the alphabet, writing, printing press. And then when we arrived to digitization, it meant an incredible fast speed of spreading new ideas, new all kinds of new currents of thinking at the speed of light. And also keep in mind disruption. This disruption is what happens when an innovation creates a new market and disrupts the existing one. So for example, you will immediately see what I mean when I say Kodak became a victim of its own invention that was the digital camera. But they didn't see it come and replace them. We have also in disruption inventions or services, we have Uber, or here in Armenia is GG, that is now threatening the taxi industry or changing it. There's Airbnb that is challenging the hotel industry. So all this is based on internet digitization. There's also now self-driving cars that are coming up. And they are actually going to change a lot about what transportation means to us. The delivery, the insurance, actually quite a lot of companies have to rethink themselves in this context. There's also robotics and 3D printing that are re-questioning what we mean by manufacturing. So we will go from mass manufacturing to personalized manufacturing. There's also deception. What I mean by deception is the period during which exponential growth is slowly happening. You know, it starts slowly because it doubles all the time. So there's a period where something has been invented, a new technology. And you don't really see its impact until suddenly it rises, it shoots up. So the deception part is at the beginning. And that's where we have to watch for these new emerging technologies and see what kind of opportunities and possibilities they are offering all our young minds for new niches of activities and economy. You notice there are six Ds, demonetization. So what it means is technology that makes things practically free. Think of how the digital camera basically made the film free. Long-distance calls that were extremely expensive, suddenly with Skype became free. So knowledge is also accessible and practically free. And this is one very important character. Sorry, it really bothers me to see the end of the photo. But there's also dematerialization. What do we mean by that? Is, for example, take your smartphone. Just the existence of the smartphone and its capacity now has completely canceled a whole line of products. For example, digital cameras. They are now in your smartphone. Your watch, it's now in the smartphone. The GPS or VCR or music player, video games and console, calculators, flashlights. And we are going to continue seeing applications that are in the medical field that right now are services that are expensive. But they will be attachments to your smartphone. So that's coming up big time. There's also democratization, which means what used to be a luxury item. Now it's in the hands of everybody. In the past, an iPhone or a digital phone was very expensive and only used by a small part of society. Now it's in the hands of everyone. So I wanted you to keep all these different six stages that are really proper to what we call exponential growth and thinking of markets. And oftentimes, while the technology goes exponential, our use of technology remains actually quite linear. And in between lies a whole field of opportunities. And if you think of organizations such as Google and Facebook, basically we have to think they are worth billions because they are reaching out to billions of people. And while we are thinking of this type of growth and hoping to have the next Google or Facebook coming from Armenia, what I would like to ask all of our youth is also to think about how we equally need an exponential advance in humanity's social consciousness. So that technologies find roles in bettering humankind, not just in creating wealth for their founders, but also really a positive impact for society. So that's our challenge, how you create wealth and positive impact for society. Now these kind of environments have especially the combination of creating wealth and thinking of our humanitarian side and our duty to serve the world. Universities seem to be a very fertile ground to start thinking of these issues. So this is why you are here today to explore this part of what the future holds for us. I would like to invite Alam Hajjan, who's Dean of Engineering at AUA, to tell us about the latest advances at AUA. And then we'll move on with our guests. Thank you, Jean-Pierre. So yeah, welcome all here. I'll be very short. AUA is experiencing a lot of growth, a lot of change right now. I won't enumerate all those changes. I'll just say that we welcome this coming June, our first graduates of our undergraduate programs that were launched four years ago. So we have English and Communications, Business, and Computer Science as the inaugural three programs. This fall we'll welcome pending our accreditation, a new undergraduate program in engineering sciences, and a new graduate program in management, strategic management. And so there's a lot going on. So the number of programs are growing, the number of graduates are growing, and the interdisciplinary nature of a lot that's happening at AUA I think is of a particular note or interest today. One of those interdisciplinary centers is EPIC, our Entrepreneurship and Product Innovation Center. EPIC was launched over the past year. It's a center that serves the AUA community and beyond. We have partners in Armenia throughout, welcoming student groups, alumni groups, mixed groups, folks from within AUA, from outside of AUA to pitch their ideas for technology, their potentially their products, their innovations as they, as we incubate businesses for tomorrow. And so just please find us online at EPIC or please visit us in the sister building next door in the basement or on the fifth, sixth floor. EPIC has some very interesting laboratory space with some cutting edge technological equipment as well as some meeting areas and common discussion areas up on the fifth, sixth floor. But today, I guess, thank you, Jacqueline, thank you, Luz Foundation, a strategic partner of ours here in Armenia. Our goal today is, we're very honored to have with us, you had 60s, I have two ours, Richard Rust. So we have Richard Bird Rust, our visitor from Cambridge on behalf of, I guess, together with Luz Foundation, he's visiting Armenia and we're thrilled that he took time to come and see us at AUA. We had a very pre discussion visit to EPIC where he got to witness tidbits, let's say short pitches from several of the groups that have participated in EPIC's competition recently and on a variety of topics and technologies. Richard Bird Rust is the development director and fellow at Hughes Hall, as we heard. He joined Cambridge's oldest and most cosmopolitan graduate college in 2013, the Hughes Hall, and works in partnership with an alumni network with folks from over 117 countries worldwide, portfolio of projects including major scholarship programs, capital development, most recently delivering a 12 million pound new accommodation building for students at Hughes Hall last year and a few years ago, established the Hughes Hall Enterprise Society, which works to encourage enterprising students to establish startup businesses. So this world is all about networks. We mentioned some of these networks within AUA, some with AUA and Luis here in Armenia and beyond. I welcome Mr. Richard Rust. As we explore networking even beyond our borders with one of the world's most prestigious universities at Cambridge, so thank you very much. Have you wanted to hear me that? I'll try and speak my clearest English voice and I'll mean it as very, very quick.